For the next 5 years, J. C. Penney Company, Inc.is expecting Growth of -28% per annum, whereas in the past 5 years the growth was 9.37% per annum. Holding and gave the stock a "hold" rating in a research report on Friday, October 27th. Holding Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.C. Penney Company, Inc.
Bank of New York Mellon Corp lowered its position in shares of J.C. Penney Co. Holding from a "hold" rating to a "sell" rating in a research report on Wednesday, October 11th. Holding Company (NASDAQ:JCP), 1 rate it "Buy", 1 "Outperform", 18 "Underperform", 0 "Sell", while 1 "Hold". Holding from a "sell" rating to a "buy" rating and set a $5.75 price objective on the stock in a research note on Tuesday, July 18th. Holding (NYSE JCP) opened at $3.18 on Monday. Holding will post 0.06 earnings per share for the current year. The stock hit its 52-week high on 12/08/16, and 52-week low on 11/08/17. Holding (NYSE:JCP) last posted its earnings results on Thursday, November 9th. The department store operator reported ($0.33) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.43) by $0.10. The Return on Equity (ROE) value stands at -9.6%.
Equifax Inc. (EFX) - The Atlanta-based collector and seller of consumer credit data said its net income slumped about 27 percent in the third quarter, weighed down by costs related to its data breach that exposed the personal information of 145 million Americans earlier this year.
In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for J. C. Penney Company, Inc.as 2.74 Billion.More news: Priti Patel kept Theresa May in dark over Israeli army cash plan
Penney's loss of $128 million, or 41 cents a share, compared with a loss of $67 million or 22 cents a share a year ago. Finally, Citigroup Inc. upped their price target on J.C. Penney Company, Inc. "Holding Company (JCP) a $4.00 Price Target" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright legislation. They often look for the average analyst rating. Penney needs a decent holiday quarter. Adjusted earnings were $1.53 per share. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The stock was bought at an average price of $3.62 per share, with a total value of $90,500.00. The disclosure for this purchase can be found here. Insiders acquired 310,135 shares of company stock valued at $1,111,391 in the last ninety days.
Several hedge funds and other institutional investors have recently modified their holdings of the company.
J. C. Penney Company, Inc is a holding company. Finally, LS Investment Advisors LLC raised its position in shares of J.C. Penney by 68.0% in the second quarter. Rhumbline Advisers now owns 629,809 shares of the department store operator's stock worth $2,929,000 after acquiring an additional 60,340 shares during the period. Holding by 12.8% during the 1st quarter.